Date:30/06/2008 URL: http://www.thehindu.com/2008/06/30/stories/2008063057940600.htm

National

Rajasthan State has congenial atmosphere for industrial development, investors told

Special Correspondent

‘State has achieved enormous progress in all walks of life at a very rapid pace’

Special Economic Zones being developed to accord priority to industrial development
Schemes like Adopt-A-School and mobile computer laboratories launched in education sector

Photo: M. Periasamy

Encouraging industry: Mahesh Chandra Sharma. —

Coimbatore: The chairperson of the Rajasthan Investment Development Advisory Board, Mahesh Chandra Sharma, has urged entrepreneurs in the south to invest in his State which has a very congenial atmosphere for industrial development.

Interaction

Addressing an interactive session organised on Friday by the Rajasthan Foundation, Coimbatore, in which some prominent non-resident Rajasthanis took part, he pointed out that Rajasthan was earlier considered one among the “under developed” States in the BIMARU group (Bihar, Rajasthan, Madhya Pradesh and Uttar Pradesh).

Now it had become a developed State.

During the past few years, the State had achieved enormous progress in all walks of life at a very rapid pace. Its growth rate was eight per cent.

In order to accord priority to the industrial development private Special Economic Zones were being developed.

They would take care of providing various incentives and facilities to the investors.

He pointed out that Mahindra World of Multiproduct Special Economic Zone had been established in Jaipur and IT majors like Infosy’s BPO and WIPRO’s BPO had consented to set up their units.

In the social sector also, Dr.Sharma said that 14 universities were functioning in the State while nine universities had been permitted to be established under the Private Universities Act.

In order to encourage private investment, schemes like Adopt-a-School, mobile computers labs, etc., had been launched in the education sector.

Besides, policies had been framed to attract greater participation in the health sector by providing incentives and concessions for establishing hospitals and also for setting up engineering colleges or women’s polytechnics in the education sector.